Accountancy Services for new recruitment businesses
The directors of all UK companies are responsible for ensuring that annual financial accounts are prepared and submitted to Companies House by law. In addition accurate and timely filing of returns to HM Revenue & Customs such as Corporation Tax and VAT submissions are also essential for a business to remain compliant and avoid financial penalties.
As well as submissions required by statute and especially as a business grows, the availability of accurate and timely financial information to management can be an essential tool to aid effective decision making.
For new recruitment companies who are using us for their payroll, we are able to offer accountancy services that provide value for money and peace of mind.
Services available include:
- Acting as VAT agent for the company, assisting with initial registration and regular, usually quarterly, preparation and submission of VAT returns
- Acting as Corporation Tax agents, including assistance with preparation and submission of annual Corporation Tax returns and help with any queries arising
- Provision of an accounts maintenance service utilising a suitable accounts software package to record transactions in an appropriate book-keeping format from basic information supplied by the recruitment business
- Reconciliation of accounting data to third party records such as bank statements
- Preparing monthly or quarterly management accounts information to the directors of the business
- Assistance with completion of personal Self Assessment returns for the directors of the recruitment business
Clients can choose from the suite of services as required, book-keeping and annual accounts preparation packages start from £125. Individual quotations are available upon request.
